IFAF(immunomodulatory fraction from Anoectochilus formosanus Hayata) was purified by ammonium sulfate precipitation and DE-52 / HiTrap Q ion-exchange chromatography from A. formosanus. IFAF includes two proteins with molecular weight of 66 kDa and 14 kDa and an unclear red compound. Neither is IFAF a glycoprotein nor does it agglutinate mouse red blood cells. IFAF activates RAW 264.7 macrophages by enhancing the production of nitric oxide (NO) and tumor necrosis factor-alpha (TNF-alpha), and also increases the expression of mRNAs of iNOS, TNF-alpha, IL-1 beta, and IL-18 by the cells. Additionally, IFAF also activates murine splenocytes. It stimulates the proliferation of murine splenocytes, increases the gamma-interferon (IFN-gamma) secretion, and promotes the mRNA expression of IL-2, IL-5, and IFN-gamma. Moreover three hybridoma clones that secrete monoclonal antibodies recognizing different protein components of IFAF are obtained. In order to understand the component of IFAF, the proteins are precipitated by acetone to exclude the red compounds, and the proteins with molecular weight of 66 kDa and 14 kDa are found in the acetone-precipitant. These proteins are further separated using isoelectric focusing techniques. The active component of IFAF is determinated by autoclave, trypsin hydrolysis and antibody neutralization. The results support that the 14 kDa protein has immunomodulatory ability. Therefore, the 14 kDa protein is further named as IPAF (immunomodulatory protein from A. formosanus Hayata). IPAF is an important biofunctional component of A. fomosanus, with medicinal capability and could strongthen the immunity of the host.